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Non-Tech : OAKLEY- NYSE:OO
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To: Marc Magic who wrote (47)12/6/1996 2:33:00 AM
From: capitalistbeatnik   of 1383
 
You made the first big mistake of investing...you got a medical degree. Despite the fact that you can probably name the three components of Felty's Syndrome, you bought high and sold low in a panic. If a stock is recommended in Medical Economics, everyone already knows about it, and its probably time to short. The problem with being a doctor is trusting other peoples opinions and not having time to do your own research. Thus you are a potential victim for financial counselors, scam artists, venture capitalists, and predatory women. As an M.D. I have learned this and observed this repeatedly.

If it was a good buy at 14 3/4 what made you think it was lousy at 11 1/2? If you believed the Sunglass Hut problem justified it, then you were right. Personally I use panics as buying oppurtunies. I got into semiequips when every hated them.

Approach stocks like acid-base analysis...look at the data and come to the right decision. Emotion has no place in investing!

P.S.
Go Oakley, you lousy SOB! (hypocritical irony)
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